34 Atlantic Drive, Key Largo, FL 33037

$2,890,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,112 Lot Size (sq. ft.): 29,185 Status: Active
Current Price: $2,890,000 List Date: 4/24/2026 Last Modified: 6/12/2026

Description

Huge Direct Oceanfront Compound -- One-of-a-Kind with 276-Foot Concrete Dock Adjacent to World-Famous John Pennekamp, Coral Reef State Park & Molasses Reef. Discover a truly exceptional and private oceanfront compound designed for boating enthusiasts, investors, or multi-generational living. Spread across three expansive lots, this rare property includes two distinct homes and direct water access -- a combination that's nearly impossible to find in today's market. The primary residence features a Modern Style 3 bedrooms and 2 full baths, offering bright, comfortable living spaces and sweeping ocean views. The second home, complete Modern Style 2 bedrooms and 2 baths on a separate meter, is ideal for guests, or extended family. Step outside to unparalleled oceanfront living with a 276-foot concrete dock, perfect for accommodating large vessels, fishing, and launching watercraft. The grounds offer generous room for entertaining, expansion, or simply enjoying the peaceful surroundings of this secluded coastal haven. Highlights: 3 lots with two homes and a 276-ft dock, Turn-Key Direct ocean access -- idea for boating on the Ocean or Bay. Steps from John Pennekamp Coral Reef State Park Perfect for entertaining, investing, or creating a family retreat Unmatched privacy and coastal lifestyle potential.

More Information MLS# 619621

Contract Information

Current Price: $2,890,000 Listing Date: 2026-04-24 Listing Board: Florida Keys List Price: $2,890,000 Potential Short Sale: No Bank Owned: No

Location Tax Legal

Street #: 34 Street Name: Atlantic Street Suffix: Drive Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Ocean Reef Shores (905.0) Area: 28 - Key Largo N of MM 107 Incl Ocean Reef

General Property Description

Realtor.COM Type: Multi-family Style: Multi-Units Waterfront: Yes Control Depth: 3 Pool: Yes Year Built: 1943 Lot Size: X Lot SqFt: 29185 Lot Sqft Source: Property Data Card Acres: 0.98 Living Apx SqFt: 3112 SqFt Source: Property Data Card Total Bedrooms: 5 Full Baths: 4 Total Baths: 4 Rentals Allowed: With Restrictions

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No Voluntary Home Owners Asc: Yes 1st Right of Refusal: No

Dockage

Dock: Concrete

Building Style

Above Flood: Unknown Stories: 1 Story

Vehicle Storage

Car(s): 4+

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Open Water Waterview: Ocean View Building Style: Ground Level Vehicle Storage: Garage; RV Parking Open Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; FKAA; Municipal Sewer Interior Features: Granite Counter Top; Walk-in Closet(s) Appliances: Dishwasher; Dryer; Microwave; More Appliances; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Built-in Grill; Lighting; Outdoor Kitchen Pool Info: In Ground; Concrete Construction: CBS; Concrete Floor: Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Community Boat Ramp Land Size: More than 1 Lot Terms: Cash; Conventional; FHA; VA Title: Title Ins - Buyer
Listing Office: Venture Realty Group
Last Updated: June - 12 - 2026
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